https://www.taxtmi.com/caselaws?id=72535 Proforma credit under Rule 56A depended on timely compliance with the prescribed correlation between duty-paid raw materials and the finished products. Where the appellants failed to establish that correlation within the relevant period and furnished the necessary RG-23 particulars only later, the claim was rejected as an attempt to obtain credit without following the required procedure. For the later period, completed RT-12 assessments were treated as final, and the claim could not be used to reopen them or obtain indirect time-barred refund relief. The result was that the claim for proforma credit was disallowed and the final assessments remained undisturbed. en-us Thu, 26 Jun 1986 00:00:00 +0530 Fri, 20 May 2011 12:43:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72535 Proforma credit under Rule 56A depended on timely compliance with the prescribed correlation between duty-paid raw materials and the finished products. Where the appellants failed to establish that correlation within the relevant period and furnished the necessary RG-23 particulars only later, the claim was rejected as an attempt to obtain credit without following the required procedure. For the later period, completed RT-12 assessments were treated as final, and the claim could not be used to reopen them or obtain indirect time-barred refund relief. The result was that the claim for proforma credit was disallowed and the final assessments remained undisturbed. Case-Laws Central Excise Thu, 26 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72535